Norwegian-Finnish company to boost ammunition production amid Russia's war in Ukraine

This was reported by the Finnish edition of Yle.

According to Heikkilä, Nammo Lapua's plant, which produces casings for artillery shells, located in Sastamala in the west of the country, will increase its production fivefold in 2024.

The increase in production at the Sastamala plant is closely linked to the war in Ukraine, as artillery shells play a key role in Finnish aid to Ukraine.

For this purpose, Nammo has applied for participation in the EU Asap project. The regional director added that in case of success, the company will build a new plant for the production of artillery shells. The project will also require funding from the Finnish government.

For reference: Nammo (Nordic Ammunition Company) is a joint Norwegian-Finnish company specializing in the production of ammunition. The company's shares are equally owned by the Norwegian Ministry of Trade and Industry and the Finnish defense corporation Patria.

• Finland has called for €20 billion to be allocated to Ukraine under the European Peace Fund, emphasizing the importance of sharing the burden in Europe.